2002 (8) TMI 7

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..... ose of becoming a member of the Calcutta Stock Exchange. In the assessment years in question, viz., 1992-93, 1993-94, the assessee made two types of claims in regard to the said sum. First, the assessee's contention was that the amount is by way of revenue expenditure and is not by way of capital expenditure. Secondly, the assessee submitted that it was entitled to dissect the revenue expenditur .....

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